What is a charge card merchant account?A credit card merchant account is an unique type of checking account that allows e-commerce and POS services to accept charge card payments. However, not all banks provide these kinds of accounts. Acquiring banks work with merchant account suppliers in addition to directly with entrepreneur to establish these accounts. Some acquiring banks use various merchant charge card processing solutions depending on place and organization type.
STOP PAYING PROCESSING FEES IN 3 STEPS
Implement a price increase on everything in your store.
Offer a Cash Discount
Use the extra revenue collected to pay your processing costs